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(2) The deed of confirmation is made solely for the purpose of making the grantee's record legal title under the prior deed sure and unavoidable. (3) The grantor of the deed of confirmation has no interest in the real estate conveyed or the grantor received his interest by a document that was void from inception.
Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years and should be revived if a creditor is attempting to actively collect on the debt. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.
Yes, when a creditor obtains a judgment, the judgment becomes a lien on your real property located in the county where the judgment was issued. The creditor can transfer the judgment to any county where the debtor has property. Judgment liens on real property stay in place until they are paid or otherwise released.
A corrective deed, also known as a confirmatory or correction deed, is a type of legal document used to amend errors in an existing property title. It is most commonly used for minor mistakes, such as misspelled or incomplete names, omissions of marital status, and missing information.
In Pennsylvania, there are certain requirements for reviving a judgment in order to ensure that you do not lose your rights as a judgment holder. A judgment issued by a Magisterial District Justice or MDJ expires after 5 years if nothing is done.
Most debt collection cases stem from a breach of a written or oral agreement or contract. The statute of limitations for breach of contracts in Pennsylvania is 4 years from when the party knew, had reason to know or should have known of the breach.
Money judgments automatically expire (run out) after 10 years. To prevent this from happening, you as the judgment creditor must file a request for renewal of the judgment with the court BEFORE the 10 years run out.
Pennsylvania exempts from execution on judgment on a contract all wearing apparel of the debtor and his family, bibles and school books in use in the family, as well as $300 worth of any property owned or in pos- session of the debtor.